Some Ocean Shipping Rates Collapsing, But Relief is Still Months Away for Big Retailers
By Lisa Baertlein LOS ANGELES, Jan 9 (Reuters) – Prices in the most volatile segment of ocean shipping are collapsing, but top
By Lisa Baertlein LOS ANGELES, Jan 9 (Reuters) – Prices in the most volatile segment of ocean shipping are collapsing, but top
Japanese shipping company Ocean Network Express (ONE) has announced an agreement to acquire controlling stakes in three U.S. West Coast container terminals.
Japanese liner Ocean Network Express (ONE), the world’s seventh largest ocean carrier, has reported a massive $5.5 billion profit in its latest quarter,
By Nick Savvides (The Loadstar) – A two-tier market within the container shipping sector is opening up as spot rates in key trades collapse. Carriers
By Mike Wackett (The Loadstar) – South Korea’s national flagship carrier, HMM, reported a net profit of $2.24bn in the second quarter, for a
Ocean Newtork Express reported record profit of $5.5 billion in the first quarter of 2022, more than doubling its profit from the same period last year. ONE
Japanese shipping line Ocean Network Express (ONE) has placed an order for ten large containerships with delivery in 2025. Shipbuilding contracts for the
By Ann Koh and Kyunghee Park (Bloomberg) — China appears to be gradually easing its lockdown of Shanghai, but that won’t bring immediate relief to
By Mike Wackett (The Loadstar) – Japanese ocean carrier ONE has reported a record net profit of $16.8bn for its financial year ending 31 March –
COPENHAGEN/LONDON, Feb 28 (Reuters) – Ocean Network Express (ONE) on Monday suspended container bookings to and from Russia hours after Maersk
By Mike Wackett (The Loadstar) – The bull run for ocean carriers appears unstoppable, with profitability in the first quarter of the year looking to be
By Mike Wackett (The Loadstar) – With stock market-listed ocean carriers reporting even better-than-expected profits for the third quarter, their
By Mike Wackett (The Loadstar) – Japanese ocean carrier Ocean Network Express (ONE) said it now expects a net profit of nearly $12bn for its financial
The owners of the NYK Delphinus have declared General Average after an engine room fire off the coast of California earlier this month. Ocean Network Express,
By Alex Lennane (The Loadstar) – Japanese carrier ONE has followed the decision by a string of airlines to ban the shipment of Vivo Y20 mobile phones.
Japanese ocean carrier Ocean Network Express (ONE) reported a profit of nearly $3.5 billion in FY2020 thanks to ongoing the COVID-19 economic recovery starting
Japan-based shipping line Ocean Network Express has announced plans for the long-term charter of the world’s largest containerships. The company has
A containership belonging to Ocean Network Express is being rerouted to the Port of Tacoma after containers collapsed on board during a transpacific voyage. A
By Mike Wackett (The Loadstar) – Japanese carrier Ocean Network Express (ONE) almost hit its target for profitability in the second quarter of its fiscal
A ONE Line containership was involved in a collision with a moored chemical tanker at the Port of Perama near Piraeus, Greece on Friday, reportedly causing
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